Arkansas Future Grant (ArFuture)
DEADLINE: July 1
The Arkansas Future (ArFuture) grant, is the newest state grant program. The purpose of this grant is to increase the education and skills of Arkansas’ workforce in an affordable manner. The grant applies to students enrolled in Science, Technology, Engineering and Math (STEM) or regional high demand areas of study. The grant will cover tuition and fees for qualifying certificate and associate degree programs and Arkansas public institutions for eligible students. The grant is available on a first come, first serve basis.
Who qualifies for ArFuture?
- Applicant must have either graduated from an Arkansas public school, home school or received a high school equivalency diploma approved by the Department of Career Education; or
- Verify that he or she has resided within the state of Arkansas for three (3) years immediately preceding application and has graduated from an out-of-state high school, private school, home school, or received a high school equivalency diploma approved by another state
- Be enrolled part-time or full-time at an approved institution of higher education in a program of study that leads to an associate degree or a certification in a STEM or regional high demand field
- Complete the Free Application for Federal Student Aid (FAFSA)
How much does the ArFuture Grant pay?
The ArFuture grant shall be an amount equal to the tuition and mandatory fees incurred by an eligible student less the amount received from state-supported scholarships; federal student financial aid; and private or outside scholarships or waivers.
What are the grant recipient requirements?
A student who receives an Arkansas Future Grant shall enter into a written agreement with the Arkansas Department of Higher Education to receive monthly mentoring from a mentor of an organization determined by the Institution of Higher Learning, complete at least fifteen (15) hours of community service each semester the student receives the grant, and reside in the state of Arkansas for three (3) consecutive years and be employed beginning within six (6) months after receiving an associate’s degree or a certificate, or the student is no longer eligible to receive the grant.
If the student fails to meet these requirements, the grant will convert into a loan at an interest rate and term determined by the Arkansas Department of Higher Education.